CHEVUTURI ASSOCIATES Chartered Accountants IMITED REVIEW REPORT OF THE UNAUDITED FINANCIAL RESULTS OF RADIX IDUSTRIES (INDIA) LIMITED (FORMERLY KNOWN AS RAGSAN PETROCHEM IMITED) PURSUANT TO CLAUSE 41 OF THE LISTING AGREEMENT 1) We have reviewed the accompanying statement of unaudited financial results of RADIX IDUSTRIES (INDIA) LIMITED (FORMERLY KNOWN AS RAGSAN PETROCHEM LIMITED), for the second quarter and half year ended 30" September, 2014 except for the disclosures regarding ‘public share holding’ and ‘promoter and Promoter Group Share holding’ which have been traced from disclosures made by the management and have not been audited/reviewed by us. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors at its meeting held on 30-10-2014, Our responsibility is to issue a report on these financial statements based on our review. 2) We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 3) Based on our review conducted as explained in Paragraph (2) above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with the Accounting Standards notified under the Companies Act, 1956 (which continue to be applicable in respect of section 133 of the Companies Act, 2013 in terms of general circular 15/2013 dt.13" September, 2013 of the Ministry of Corporate affairs) and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. For Chevuturi Associates Chartered Accountants FRR: 0094325 a (Chi Srinivasa Rao) ICAI| Memb.No.209237 partner Place: Tanuku (Camp) Date: 30-10-2014 D.No.35-25-33D, Govindarajula Naidu Street, Surya Rao Pet, Vijayawada-520 003, Krishna District(AP), Phone No.0866-2444593 email:cherukuri_tnk@yahoo.com cell: 98493 47977RADIX INDUSTRIES (INDIA) LIMITED CIN NO: L37200AP1993PL.C01G785 Registered Office: # 4-243, CHIVATAM. NEAR NH-S ROAD, TANUKU- 4 211, W.G, AP E-mail: radixindustries@gmail.com, Website: www.radixindusteies.in Phis040-64523706 Statement of un Audited Financial Results for the Quarter and Half Vear ended 30th September, 2014 (in Les Tells Doar Tat Yea Ended [Yew ed Yaariodae | Yesrioane i Particulars Aiures to the gues forthe Na Setember30.| se 59, aoya|Setember 30 | arent eed | revi eid mb 30 ne 3o, ora | SePember 30] cen prod |revios prod fr, 2014 Senter 30, | Sepembe 0 2a 2013 Tenet | Un neted_| Un Aedied | On awed | Un Awied_| nodal i[facome fom Operation [a Net Seles Income fom Operations (Nat of Exess Duly) wen __ | —__ pool Tawa] a] _ SH fb Other Operating Income sep 435 ‘o0of 8038 0] 0 Fat tacome from operations (ae Tala] noe] | [a Cos of Material Consumed Samo 7a] oH] — TaD | Ta] TOT Purchase of took in-ade 0.00 0.0 000 0.00 0] 00 chs rivers ef Tae pos wore Td ai ood. ms a mm d._Einployee bones expense om Ta oa TH Tai fe. Depreciation and Amortsaton expense 3.14 199 30a! 315 ai 5393 Oe Expenses 30 325 S335 993, 19.9 Tal Expenses 3.03 aco] 1086 [S03] 78.3 raft (Los) frow Operations before other income, Fnanace cots . z x ees ras} r3tcs] ase] sons] nszol 3891 Joris Income ca on) mn Te TH 7 Profit (Las) from ordinary aeiviies before Tnance costs and . . . « spre on on ori 12939] aso] scros] iso] 3591 @finance Costs a aI sal 30 Tes] 16508 Profit / (Loss From ordinary aeinies ser Hance costs at < 7 5 Ss. so) 8 : : Tyeore exceptional tems (8-6) Bsa BSS safe 3fEsexpional hems -Expendiwe [Taone) a ca a oa 700 30 2] Profit (Los) from Ordinary Activities before an 72H) Bs33|___23s86] v.80) 38124 [too] 309.85 tof Tax Expense aad 3635] toss] 11607 za2il___7134 1u}et Profit / (Los) fom Ordinary Activites after tax (9 = 1) soi] saa] tse] 2387 8683] 148.47 Tpleraornany tens Net of Tax) om 0 or a 0) 009 13] Net Profit / (hos for the period 01 1) B94] 1223] 3.887 36.83] 198.4 1a Share of poi / os) of asovies* ~ : : 1s Minority intrest 1 o.0 10 00 a. oo Ret Profit 7 os ater taxes minoriy tere and hare ofp 16) oss of associates (13-+ 1+ 15) seq] ts223|__atss|_ ass] sos] tas. T7Paid-up equity share capital (Face Vale oF Rs 10 cach) oo0.#8| Tous] —Toots| ——Tu00 a8] T0048] 1000 Reserve excluding Revaluation Reserves as por balance shea of 1sfprevious accounting eat : : {si rary Wes) (oF € TOP each) a) Basie os 7 2 TH 23] iy biiued 0 03 23 as 13] Eavaings per share (ater extenordinary ems) (oF € T0Leaah) (aot 19) anavatse a) Basie oH oH] 7 7 by Diluted oa 033 0] 13] For RADIX INDUSTRIES (INDIA) LTD. Rernse Cer, GS. Maniaging Director (G Raghu Rama Raju) DIN Ne: 00453895RADIX INDUSTRIES (INDIA) LIMITED CIN NO: L37200AP1993PLC016785 Registered Office: # 4-243, CHIVATAM NEAR NH-S ROAD, TANUKU-534 211, W.G.Dist., A.P radixindustries@gmail.com, Website: www.radixindustries. Phi:040-64523706 Statement of Assets and Liabilities as at 30.09.2014, (Zin Laks) ‘As at SOOS2014 Particulars Un Audited EQUITY AND LIADILITIE T[Sharchohiers funds (a) Share capital Tooo-48] T0009 (6) Reserves and surplus 328.00 32.81 [c) Money received against share warrants 0.09 0.00 [Sub-total - Shareholders funds 1328.48] 1093.29] have application money pending allotment Ta} 0.00 3] Siinarity taterest = 00) 009 | Non-current Habits Ca) Long-term borrowings T.00} 7.09 (6) Deferred tax abilities (net) 0.00) o.18 Cc) Other fong-ierm liabities 0.00) 0.09 a) Longcterm provisions 0.00 0.09 [Sub-total - Non-cueront abies 0.00 0.15 varrent Tabiiiies (a) Shor-term borrowings 294.78| 335.91 to) Trade payables 66.33] 0.09 [c) Other current Habines 0.84 298] [(@) Short-term provisions 191.06] B39 Sub-total - Curren abilities S558] 026.27 [TOTAL EQUITY AND LIABILITIES T38z.06| 1810.74 BIASSETS Non-current assets (a) Fixed ass 3eIy| aay [o) Goodwill on consoTidaton * 0.09 0.09 [c) Non-current investments 0.00 0.09 [@) Deferred tax assets (net) 0.48 0.00 [e) Long-term Toans and advances 033 033 I) Other non-eurent assets 0.09 0.09 ‘Sub-otal= Non 36.93] 1.09] 2] Current assets (a) Current investments 0.00) 0.09 (6) Inventories Toax7i| 1573.62 (c) Trade receivables 61.14 0.09] (a) Cash and cash equivalents 63.10] 16.07 (e) Short-term loans and advances 0.09) 0.09 (Other curent assets 77.16) 39.10) ‘Sub-otal= Carrent assets] 1845.13] 1478.74) TOTAL - ASSETS Tse2.0] 1519.74 For RADIX INDUSTRIES (INDIA) LTD. Place: CHIVATAM. TANUKU Swazi Rass ED Managing Director (@ Raghu Rama Raju) DIN Ne: 00453885, Managing DirectorRADIX INDUSTRIES (INDIA) LIMITED E-mail: radixindustries@gmail.com, Websit CIN NO: L37200AP1993PLCO16785, Registered Office: # 4-243, CHIVATAM NEAR NH-S ROAD, TANUKU-S34 211, W.G.Dist, A.P : www.radixindusteies Ph:040-64523706 ‘Share Holding forthe Quarter and Half Year ended 30th September, 2014 Quant ended Half Year Ended [Year ended Yearw date | Year ae st stare figures for the] Sigures forthe No Sepemer30,| September 30, | curren: period | previous period coe ola sang 013 ended ended | M031-20 September 30, | September 30, 2014 2013 A_ [PARTICULARS OF SHAREHOLDING t i Share Holding Number of Shares Tapia] devon] 2840870] 2799780] PsvosTo| 76467 Peroentage of Shareholding 27.88%] 26.4504] 25.39% 27.88%] 25.39%] 26.48%] T__[Promoter and Promoter Group Shareholding ) Pledged /Encumbered = Number of Shares N NE. Ne. NC NU Nc = Percentage of Sharcholding (as aYooF the total shareholding of | NIL. ML NIL. NIL. NIL. NIL eee oF Sa oT AT capital ofthe NIL NIL NIL NIL NIL [b] Non Pledged/Eneumbered = Number of Shares avs000) 7358353] —Taeaav0] 7218000] —7a6sai0| 7358953 = Percentage of Shares asa %oT Tora sareFOIIRE THOTT | —yoo.99941 roo.a0vel vo0.00%l 00.00%) 00.00%) _s00.00%4| ‘and promoters group) fener ofl sh cpa ee re rete sess PARTICULARS, MONTHS ENDED 30.00.2014 [INVESTOR COMPLAINTS JRECEIVED DURING THE QUARTER. [PENDING AT THE BEGINNING OF THE QUARTER. 3 [oisposen oF DURING THE QUARTER [REMAINING UNRESOLVED AT THE END OF THE QUARTER. 0 NOTE |The above results were reviewed by the Audit Committee and taken on record and approved by the Board of Directors a their meeting held on 30.10.2014 2 The Statutory Auditors have catied out the Limited Review ofthe above Results 3 Figures have been regrouped and rearranged wherever considered necessary in order to make them comparable For RADIX INDUSTRIES (INDIA) LTD. with those ofthe current period 4 The Company operates ina single segment and the results pertain ca single sepmen, Place: CHIVATAM, TANUKU Date: 30.10.2014 Managing Director (G Raghu Rama Raju) DIN Ne: 00453895 Managing Director